Raymond Scott Pert on Nostr: China's tumbling prices push some exporters to the brink > Prolonged factory ...
China's tumbling prices push some exporters to the brink
> Prolonged factory deflation is threatening the survival of smaller Chinese exporters who are locked in relentless price wars for shrinking business as higher interest rates abroad and rising trade protectionism squeeze demand.
https://www.reuters.com/world/china/chinas-tumbling-prices-push-some-exporters-brink-2024-02-04/ #China #deflation #economy
> Prolonged factory deflation is threatening the survival of smaller Chinese exporters who are locked in relentless price wars for shrinking business as higher interest rates abroad and rising trade protectionism squeeze demand.
https://www.reuters.com/world/china/chinas-tumbling-prices-push-some-exporters-brink-2024-02-04/ #China #deflation #economy